In remarks prepared for a Thursday legal conference in New York, the Securities and Exchange Commission chair repeated that the agency should be focused on “rules of the road” that apply to crypto sales and intermediaries, such as brokers and exchanges, to promote proper disclosure.
Gensler commented as the clock begins to run out on the current administration, and perhaps on his approach to regulating crypto.
Previously, President-elect Donald Trump has vowed to fire Gary Gensler, create a friendly regulatory framework for crypto, set up a strategic Bitcoin stockpile and make the US the global hub for the industry.